Fringe Benefits Package Summary
Health Coverage & Dental Coverage
This program combines basic benefits with additional comprehensive benefits to give you coverage for a wide range of services. With this program, the first dollars of healthcare expense are shared 50/50 until your share reaches a deductible option package ranging from $750 to $3,000 for a single membership and $1,500 to $6,000 for a family membership. Then the Plan will pay 100% of the allowable charge for covered services until the beginning of a new benefit period or until the maximum lifetime limit has been reached. Dental expenses are covered at 100% for basic services and periodontics, and 50% for supplemental and prosthodontics.
Prescription Drug Coverage
Coverage is provided with a copay rate of $15 for generic, $30 for formulary and $45 for non-formularly outpatient prescription drugs which are approved for use in the United States by the Federal Food and Drug Administration and require a written prescription order from the employee's doctor.
Flexible Spending Account
Sometimes known as a Cafeteria Plan
A Flexible Spending Account (FSA) lets employees set aside a certain amount of each paycheck into an account before paying income taxes. During the year, employees are reimbursed from this account for expenses such as healthcare and day care.
KFMC Pension and 401K
Employees are elgible, after 90 days, to participate in the pension program.
Life Insurance and Disability Insurance
KFMC provides life, accidental death and dismemberment and long-term disability insurance to employees.
Annual Leave
By years of service
- Less than 4 years: 8 hours per month, 96 hours per year, Maximum Accrual 120 hours.
- 4 to 6 years: 10 hours per month, 120 hours per year, Maximum Accrual 150 hours.
- 7 to 9 years: 12 hours per month, 144 per year, Maximum Accrual 180 hours.
- 10 to 19 years: 14 hours per month, 168 per year, Maximum Accrual 210 hours.
- 20 or more years: 16 hours per month, 192 per year, Maximum Accrual 240 hours.
Personal Days
Employees are eligible for two personal days per year.
Sick Leave
Sick leave is credited to you at the rate of eight (8) hours per month worked for each full time employee.